Professional Outlook, Will EU's Deal Hold the Markets? - Equity Research on Seagate Technology

Professional Outlook, Will EU's Deal Hold the Markets? - Equity Research on Seagate Technology PLC and Xyratex Ltd.

ID: 84088

(firmenpresse) - MACAU -- (Marketwire) -- 11/04/11 -- Today, announced its research report highlighting Seagate Technology PLC (NASDAQ: STX) and Xyratex Ltd. (NASDAQ: XRTX). Full content and research is available at .

Markets are starting to step in the right direction, with the European Financial Stability Facility (EFSF) increasing from $600 billion to $1.4 trillion, a significant move to strengthen the safety net in place for Europe's most troubled countries.

It is likely China and the IMF will contribute to the bailout fund, with Greece alone receiving $180 billion in fresh aid. The remainder of Greece's obligations were halved in the process, with private bondholders of Greek debt settling at 50% - allowing banks to recapitalize at a healthy 9% reserve and bring Greece's debt burden down to 120% of GDP by 2020.

An important consideration is political commitment to this road map and probability of ongoing support for European Central Bank (ECB)'s recent deal. Currently the global community appears to be on point with ECB's initiative, an outlook that should be sufficient to support markets around current levels.

Equity Markets has reviewed Seagate Technology PLC for its current position within the technology industry. Seagate Technology plc (Seagate) designs, manufactures, markets and sells hard disk drives. The full research report on Seagate Technology PLC (NASDAQ: STX) is available here: .

Equity Markets has reviewed Xyratex Ltd. for its development within the technology industry. Xyratex Ltd. (Xyratex) is a provider of modular enterprise-class data storage subsystems and storage process technology. The Company designs, develops and manufactures technology that provides its customers with data storage products to support storage and data communication networks. The full research report on Xyratex Ltd. (NASDAQ: XRTX) is available here: .

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Bereitgestellt von Benutzer: MARKET WIRE
Datum: 04.11.2011 - 13:00 Uhr
Sprache: Deutsch
News-ID 84088
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